Deutsche Bank AG Buys 10,711 Shares of Johnson Controls International plc $JCI

Deutsche Bank AG increased its stake in shares of Johnson Controls International plc (NYSE:JCI) by 0.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,682,316 shares of the company’s stock after purchasing an additional 10,711 shares during the quarter. Deutsche Bank AG’s holdings in Johnson Controls International were worth $321,207,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Capital Analysts LLC increased its position in shares of Johnson Controls International by 0.3% during the 4th quarter. Capital Analysts LLC now owns 175,715 shares of the company’s stock valued at $21,042,000 after purchasing an additional 464 shares during the last quarter. Brand Asset Management Group Inc. increased its position in shares of Johnson Controls International by 23.2% during the 4th quarter. Brand Asset Management Group Inc. now owns 2,649 shares of the company’s stock valued at $317,000 after purchasing an additional 498 shares during the last quarter. Alteri Wealth LLC increased its position in shares of Johnson Controls International by 6.4% during the 4th quarter. Alteri Wealth LLC now owns 5,067 shares of the company’s stock valued at $607,000 after purchasing an additional 306 shares during the last quarter. Pettyjohn Wood & White Inc. increased its position in shares of Johnson Controls International by 13.3% during the 4th quarter. Pettyjohn Wood & White Inc. now owns 2,819 shares of the company’s stock valued at $338,000 after purchasing an additional 332 shares during the last quarter. Finally, TIAA Trust National Association increased its position in shares of Johnson Controls International by 3.5% during the 4th quarter. TIAA Trust National Association now owns 12,721 shares of the company’s stock valued at $1,523,000 after purchasing an additional 431 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

Shares of JCI stock opened at $139.28 on Thursday. Johnson Controls International plc has a twelve month low of $100.86 and a twelve month high of $149.10. The stock has a market capitalization of $84.98 billion, a price-to-earnings ratio of 24.92, a P/E/G ratio of 1.60 and a beta of 1.32. The stock has a fifty day simple moving average of $139.94 and a two-hundred day simple moving average of $130.41. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The business had revenue of $6.14 billion during the quarter. On average, analysts predict that Johnson Controls International plc will post 4.86 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Monday, June 15th. Johnson Controls International’s dividend payout ratio is currently 28.62%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on JCI. Wall Street Zen raised Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Sunday, May 3rd. Sanford C. Bernstein began coverage on Johnson Controls International in a research report on Tuesday. They set an “outperform” rating and a $176.00 target price on the stock. Jefferies Financial Group boosted their target price on Johnson Controls International from $125.00 to $135.00 and gave the company a “hold” rating in a research report on Wednesday, April 15th. HSBC boosted their target price on Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Finally, BNP Paribas Exane started coverage on Johnson Controls International in a report on Tuesday, April 14th. They set an “underperform” rating and a $120.00 price objective for the company. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Johnson Controls International presently has a consensus rating of “Hold” and a consensus price target of $152.85.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following the completion of the sale, the vice president directly owned 26,215 shares in the company, valued at approximately $3,832,633. This represents a 6.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lei Zhang Schlitz sold 88,809 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the sale, the vice president owned 57,059 shares of the company’s stock, valued at $8,044,748.41. This represents a 60.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by corporate insiders.

Johnson Controls International Profile

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.